Session Time: Mon Aug 26 00:00:00 2013
01[09:23] {&Threei} every monday morning same story... people hope that if they ignore it it remains sunday
[09:24] {RonS} hello everyone
01[09:24] {&Threei} ron :)
[09:27] {Alexs} gm
01[09:27] {&Threei} alex :)
[09:27] {fish_49} gm all
[09:27] {cipher} gm
01[09:27] {&Threei} fish, cipher :)
[09:28] {+cc_9} gm
01[09:28] {&Threei} cc9 :)
[09:31] {bbobr} gm
01[09:31] {&Threei} bbobr :)
01[09:33] {&Threei} Long Setup: GDX .20 break
01[09:33] {&Threei} If holds .15
01[09:34] {&Threei} 1:1
[09:34] {fish_49} missed it
01[09:35] {&Threei} 1:2
01[09:35] {&Threei} Short Setup: C .90 break
01[09:36] {&Threei} If holds .95
[09:37] {dino} gm
01[09:37] {&Threei} dino :)
[09:37] {dino} sm l noh .75 break
[09:37] {fish_49} c Sucks lol
[09:38] {nemo} joe's back
[09:38] {nemo} saw him last month with the Eagles
[09:38] {dino} chrw sm s .52
01[09:42] {&Threei} 1:3, out
[09:42] {dino} gj
[09:42] {dino} chrw stop .80 -.28
01[09:42] {&Threei} ty
01[09:44] {&Threei} Short Setup: GDX .55 break
01[09:44] {&Threei} If holds .60
[09:47] {nemo} next resistance for GDX in .80 area
[09:48] {Alexs} msft db
01[09:48] {&Threei} Short Setup: GDX .70 break
01[09:49] {&Threei} If holds .75
01[09:54] {&Threei} annoying trade
01[09:54] {&Threei} die already
[09:54] {nemo} wants .83 84 area
[09:55] {nemo} that was interesting
01[09:55] {&Threei} who cares what it wants
[09:55] {fish_49} out half
[09:56] {nemo} kinda' like that question, "How do you know when a woman has an orgasm?"
01[09:56] {&Threei} 1:1
[09:58] {fish_49} out 2nd half
[09:58] {dino} icui pulp
[09:58] {dino} sm l .90 gappy/wide/etc
[10:00] {nemo} you still short gdx, this looks better
[10:07] {dino} noah sm l .05
01[10:10] {&Threei} Long Setup: BBY .50 break
01[10:11] {&Threei} If holds .45
01[10:13] {&Threei} meh
[10:13] {fish_49} double meh
01[10:16] {&Threei} somg
[10:16] {fish_49} where is Les?
[10:20] {dino} rh spike
01[10:20] {&Threei} should be back soon
[10:21] {nemo} gdx bounce spot
01[10:21] {&Threei} Long Setup: C .15 break
01[10:21] {&Threei} let's see if standard C&H worls
01[10:21] {&Threei} If holds .05
01[10:23] {&Threei} frikin BBY
01[10:27] {&Threei} 1:1 C
[10:28] {fish_49} out half stop moved to BE
[10:28] {dino} xec spike
01[10:29] {&Threei} - NYSE volume 95M shares, about 37% below its three-month average; - NASDAQ volume 310M shares, about 21% below its three-month average
01[10:29] {&Threei} wow
[10:33] {fish_49} Out C
[10:33] {fish_49} TY Vad
01[10:33] {&Threei} yw... but it's still above trailed stop
[10:33] {fish_49} I moved my stop to BE
01[10:34] {&Threei} stop should be .14
01[10:34] {&Threei} it's defined by the chart configuration
01[10:34] {&Threei} your exact entry is irrelevant
[10:34] {fish_49} ahhhh
[10:34] {fish_49} messed that one up
[10:35] {RonS} figuring here fish are always on a different trail...
[10:35] {fish_49} I was thinking Stop to BE after 1:1
01[10:36] {&Threei} right
01[10:36] {&Threei} and be is .15
01[10:36] {&Threei} so stop is .14
[10:36] {fish_49} yea Not sure why I had at .16
01[10:36] {&Threei} BBY, you are dirty rotten scoundrel
[10:36] {RonS} bby 335 day high
[10:37] {fish_49} c has a gap to fill around .33 yea?
[10:37] {RonS} gmcr too
01[10:40] {&Threei} Short Setup: GM .40 break
01[10:41] {&Threei} If holds .50
01[10:50] {&Threei} 1:1
[10:50] {fish_49} out gm thanks Vad
01[10:50] {&Threei} :)
[10:54] {goinshort} gm nailed it thanks vad!
01[10:54] {&Threei} yw
[11:05] {fish_49} Nemo
[11:05] {nemo} fish
[11:06] {fish_49} got any jokes?
[11:06] {fish_49} room not same without Les
[11:06] {nemo} yeah, we've started feeding on ourselves
01[11:06] {&Threei} last week nemo chewed off his left arm
[11:07] {nemo} she wasn't that bad
[11:07] {fish_49} ohhhh
[11:07] {fish_49} still has one good arm then
[11:07] {fish_49} where is backman
[11:08] {nemo} Think my buddy and me might have a sprint drinking record...we downed 750 ml of JD in less than 2 hours on Saturday
[11:08] {fish_49} everyone on vacation?
[11:08] {fish_49} ohhhhhhhh
[11:09] {dino} ouch nemo, head must've hurt
[11:10] {dino} was shooting stoli myself
[11:10] {fish_49} I bet still hurting It days me days to recover if I drink alot
[11:10] {fish_49} getting old
[11:10] {nemo} nah, slight hangover Sunday morning but nothing to speak of...I realized my predicament when he went for the second bottle
[11:10] {dino} dllr sm l .15
[11:11] {nemo} he's built better for drinking...My buddy goes about 280, I come in at 170 soaking wet
[11:13] {dino} lol, weight good for something
[11:13] {nemo} Oh, he's a big guy anyway, pretty frickin' solid
[11:13] {fish_49} 280? I hope he is about 6'8"
[11:14] {nemo} 6 2
[11:14] {nemo} spy going for that gap
01[11:47] {&Threei} Long Setup: GDX .60 break
01[11:47] {&Threei} If holds .55
[11:48] {nemo} Hey Dino, you there?
[11:51] {dino} yeah, bored
01[11:51] {&Threei} Long Setup: GDX .40 break
[11:51] {nemo} you ever see the series "Justified?"
01[11:51] {&Threei} If holds .35
[11:51] {dino} no
[11:56] {dino} flt spike
[11:56] {nemo} If you like Timothy Olyphant's character in Deadwood, you might like this
[12:00] {dino} i will try to catch it
01[12:19] {&Threei} NYSE volume 168M shares, about 34% below its three-month average; - NASDAQ volume 590M shares, about 18% below its three-month average
01[12:19] {&Threei} be;ieve it or not
01[12:20] {&Threei} will it be the lowest volume of the year?
[12:21] {nemo} GDX vad
01[12:21] {&Threei} no news
01[12:21] {&Threei} no idea why it drops like a rock
[12:21] {nemo} I meant bounce time
01[12:22] {&Threei} no setup yet, need pullback for double bottom
01[12:22] {&Threei} desirable to or just under .10
01[12:25] {&Threei} Long Setup: GDX .10 break
01[12:25] {&Threei} If holds .05
[12:29] {+cc_9} QIHU trying to hold the toad
[12:29] {nemo} "Hold the toad?
[12:30] {fish_49} as in NemoToad?
01[12:30] {&Threei} I don't want to know
[12:30] {+cc_9} i meant to say foam the roaf
[12:30] {+cc_9} sorry
[12:30] {RonS} ...similar to screw the pooch?
[12:30] {+cc_9} kinda, but it involves a toad
01[12:30] {&Threei} I knew it... even though I didn't want to know
[12:30] {nemo} Les can't get back here fast enough
01[12:30] {&Threei} rofl
[12:31] {fish_49} lol
[12:31] {fish_49} lol
[12:31] {fish_49} lets pick on him while he is gone
[12:31] {fish_49} Im sure he reads the board at night
01[12:31] {&Threei} half out GDX
[12:31] {nemo} we done wrung all the blood outta that stone
01[12:31] {&Threei} not yet
[12:31] {nemo} I'm talking about making fun of les
01[12:31] {&Threei} I an curios who is holding down whom, pooch or toad
[12:32] {RonS} ...thinking Les is recovering from a hernia incurred during his yodeling lessons...
[12:32] {+cc_9} the toad is holding the form, the pooch is holding the roaf
[12:32] {+cc_9} its simply...geez
[12:32] {nemo} what the fuck is a roaf?
01[12:32] {&Threei} ok... slowly getting the picture
01[12:32] {&Threei} it's easy nemo
[12:32] {fish_49} half out GDX
[12:33] {+cc_9} ask Vad.
[12:33] {+cc_9} I'm not good with 4 letter words, he can help
01[12:33] {&Threei} speaking to cc9 in pm, I said that something should take place "fown the roaf"
[12:33] {+cc_9} come on...don't give it away that easy
[12:33] {nemo} oh
[12:33] {+cc_9} at least make him fish
[12:33] {nemo} Vadspeak
01[12:33] {&Threei} wait
[12:33] {nemo} nevermind
01[12:33] {&Threei} that's not it
[12:33] {fish_49} Down the Road? is that it?
01[12:33] {&Threei} trying to correct "roaf" I typed "toad"
01[12:34] {&Threei} I got it right on the third try,
01[12:34] {&Threei} but it was enough to launch cc9's sick imagination
01[12:34] {&Threei} thus, toad entered the chat
01[12:34] {&Threei} followed by pooch
01[12:34] {&Threei} etc
[12:34] {nemo} just leave the bunnies out of it
01[12:34] {&Threei} now you know it all {G}
01[12:35] {&Threei} and no cc9, I didn't mean "slick" imagination
01[12:35] {&Threei} this time I typed what I meant
01[12:36] {&Threei} come on GDX, such clear db should be worth more than 1:1
[12:36] {+cc_9} If all it takes to get everyone from idle is to talk about screwing toads, then by all means, this should be a ritual.
01[12:37] {&Threei} well, for once pooch gets to change the role
[12:40] {dino} lol, i've heard of li8cking toads, but never screwing them, gotta be pretty small for that
[12:41] {+cc_9} dino should never be allowed to pet dogs.
[12:41] {nemo} It's amazing there can even be a conversation abou them
01[12:41] {&Threei} I am scared to think of readers of today's log
[12:42] {fish_49} I still don't get the toad issue Im sure readers wont either
01[12:42] {&Threei} oh good
[12:49] {fish_49} GDX holding on by a toad I mean thread
01[12:51] {&Threei} holding on a toad by the thread
[12:51] {nemo} too much lube Vad?
[12:55] {dino} usu spike
[12:56] {dino} yrcw
[12:56] {dino} spike
01[12:57] {&Threei} McDonald's Corp Reportedly to introduce chicken wings September 9 to be sold through November
01[12:57] {&Threei} - The bone in chicken wings to be sold in 3,5, and 10 piece packs starting at $2.99.
[12:58] {fish_49} value Meal #43
01[12:58] {&Threei} The report says on Sept 9 it will also introduce some other new menu items: Pralines and Cream McFlurry, Pumpkin Spice Latte, and a Southwest Premium McWrap
01[12:59] {&Threei} when they introduce McToad, we need to do a special Realitytrader McGathering in there
[12:59] {fish_49} lol
01[13:00] {&Threei} move your McButt, GDX
01[13:02] {&Threei} 1/4 more out
01[13:02] {&Threei} 1:2
[13:02] {fish_49} all out
[13:02] {fish_49} thanks Vad
01[13:02] {&Threei} that we find such plays in this low volume swamp is nothing short of miracle
01[13:02] {&Threei} yw sir
[13:03] {fish_49} after last week you used up all your 3:1 trades
[13:03] {robbers} Out, thanks.
01[13:03] {&Threei} yw :)
[13:09] {nemo} iwm gonna' close the gap
[13:10] {dino} took all day, but out icui .38, +1.48
[13:11] {robbers} Nice Dino.
[13:12] {dino} ty
01[13:12] {&Threei} wtg
[13:38] {fish_49} Wake Up
01[13:38] {&Threei} why?
[13:39] {fish_49} lunch time over
[13:39] {fish_49} Vad I'm gonna buy a nice camera what camera and lens do you use
[13:39] {fish_49} Love the pics u post
01[13:40] {&Threei} I am Olympus guys
01[13:40] {&Threei} guy
[13:40] {fish_49} model?
[13:40] {fish_49} and what lens?
01[13:40] {&Threei} E-5 for now
01[13:40] {&Threei} but going to upgrade to new flasgship coming out this fall
01[13:41] {&Threei} lens, well... I have 4
01[13:41] {&Threei} 7-14, 12-60, 50-200 and 50
01[13:41] {&Threei} Short Setup: MCD .75 break
[13:50] {fish_49} still valid?
01[13:50] {&Threei} yes
01[13:51] {&Threei} If holds .82
[13:59] {dino} noah sm l .69
[14:21] {fish_49} the lens cost more than the camera wow the 50-200 is not cheap
[14:21] {fish_49} which lens do you use the most?
[14:22] {nemo} good glass ain't cheap
01[14:22] {&Threei} actual;ly, in the pro-grade cameras and lenses this is not an unusual occurence for a lens to be more expensive than camera
[14:22] {fish_49} is this professional model?
[14:22] {nemo} same for rifles scopes being more expensive than the rifle
01[14:23] {&Threei} consaider that bodies come and go, but good glass stays with you for decades
01[14:23] {&Threei} yes
[14:23] {fish_49} ahhh good point
01[14:23] {&Threei} I don't know, I use them all depending on the ned
[14:23] {nemo} I have an old Swarovski scope good as the day I bought it
01[14:24] {&Threei} they are all weatherproof, shooting in the pouring rain with them with no problem
01[14:24] {&Threei} optical quality is incredible
[14:24] {nemo} nitrogen sealed
01[14:24] {&Threei} Short Setup: GDX .10 break
[14:24] {nemo} only two or three places in the world where you can find the best optical sand
01[14:24] {&Threei} If holds .20
[14:26] {dino} dllr stop .25, +.10
[14:28] {nemo} wow, look at that vmw 1 minute chart...wtf
[14:32] {nemo} 41.5 million spy
01[14:35] {&Threei} Invalidated GDX
[14:36] {fish_49} lol
01[14:36] {&Threei} MCD is about to trigger though
[14:57] {+cc_9} Kerry beating the war drums
[14:57] {nemo} from his yacht in Rhode Island I'm sure
[14:59] {nemo} spy is right up against a trendline
[14:59] {RonS} ...the irony...peacenik goes to war...
[14:59] {nemo} richest man in Congress
[15:00] {RonS} last heard, not in Congress...
[15:00] {fish_49} lol
[15:00] {fish_49} RonS just as good as Les
[15:00] {fish_49} lol
[15:00] {nemo} fine..was the richest man in Congress
[15:00] {fish_49} yea Now Nancy P is the richest Man in Congress?
[15:00] {fish_49} lol
[15:00] {nemo} thought it was Feinstein
[15:01] {dino} bid
[15:01] {dino} sm s .06
[15:01] {+cc_9} I have a guy with 2k BID since the open
[15:03] {+cc_9} Check it out }}} http://img818.imageshack.us/img818/7347/539r.jpg
[15:03] {dino} better dump it
[15:04] {+cc_9} yup, he did.
[15:04] {dino} nice
[15:05] {+cc_9} Safe to say he is having a good day }}} http://img692.imageshack.us/img692/7703/vf4x.jpg
[15:08] {+cc_9} He's been buying it long every single day for weeks, when I asked him why he said "I had a feeling it was trading as if something was up"
[15:08] {+cc_9} Good intuition...
[15:09] {RonS} oh ya, and he's Einhorn's cousin...
[15:09] {+cc_9} not sure about that, but he's up 9grand today
[15:11] {fish_49} Big Mac time
[15:13] {fish_49} half out
[15:14] {fish_49} all out
[15:14] {fish_49} thanks Vad
01[15:14] {&Threei} :)
01[15:14] {&Threei} nice day after all
[15:14] {fish_49} yep
01[15:14] {&Threei} who would have thought, with that volume
01[15:14] {&Threei} 1:2
[15:15] {fish_49} I got out I was expecting a bounce between .60 - .62
[15:15] {dino} stupid trade of day, bid, had .70 on short, got greedy. idiot. stop is b/e
01[15:19] {&Threei} you are overthingking it fish
01[15:19] {&Threei} let them work and trade them by the vook
01[15:19] {&Threei} in the long run it will be beneficial
01[15:19] {&Threei} when condition dictate some change I usually alert
01[15:20] {&Threei} look, 1:3
[15:20] {fish_49} yes
[15:20] {robbers} Out, thanks Vad.
01[15:20] {&Threei} yw
[15:20] {+cc_9} trying to find news for this drop
01[15:21] {&Threei} Market weakness attributed to speculation that Sec of State Kerry's strongly worded statement on Syria could be setting the table of a military strike in the next few days
[15:21] {nemo} algo's left early for Labor Day
01[15:21] {&Threei} out in full
01[15:21] {&Threei} those McWings start looking pretty good
[15:22] {fish_49} mine had no sauce
01[15:22] {&Threei} (SY) US Sec State Kerry: It is undeniable that there was a chemical attack on civilians in Syria last week, there must be accountability for this action- Our understanding of what happened is grounded in facts, the attacks were real. - To provide additional evidence on the facts of the Syria chemical attacks in the coming days. We have more classified intelligence.
[15:22] {dino} cov bid .41, +.65
[15:23] {nemo} so we went in and fucked up Iraq and Afghanistan, Libya has gone Al Quaeda, so we're going for Syria now
01[15:23] {&Threei} don't forget Egypt
[15:23] {nemo} oh, that too
[15:23] {nemo} wtf
01[15:23] {&Threei} incoherent foreign policy
[15:23] {dino} agreed
01[15:23] {&Threei} patchwork of unconnected decisions
[15:23] {+cc_9} coherent if you're invested in LMT
[15:23] {nemo} inchoate also
[15:24] {dino} funny, we'll bomb the shit out of others, but god forbid your talk is not politically correct
[15:24] {nemo} that's true Komrade Dino
[15:24] {+cc_9} Russia needs to send its own ships to Syria.
[15:24] {fish_49} but why would they
[15:25] {dino} no need to, we always foot the bill
[15:25] {+cc_9} since they are playing the other side of the proxy
[15:25] {+cc_9} might as well show they are serious about it
[15:25] {+cc_9} since the US and UK are sending theirs
[15:26] {+cc_9} but of course, Russia is not going to try and shit on its relations for Assad...
[15:28] {dino} they won't waste their time or money. laughing at us, because they know we will
01[15:40] {&Threei} NYSE volume 335M shares, about 29% below its three-month average; - NASDAQ volume 1.12B shares, about 17% below its three-month average
01[15:40] {&Threei} wow
01[15:52] {&Threei} ok guys, thank you all
01[15:52] {&Threei} have a great evening, see you tomorrow
[15:52] {fish_49} gb al
[15:53] {fish_49} gn all
[15:53] {dino} gn all, thx
